2
Beds
2
Baths
925
Sq Ft
$748/mo
HOA Fee
Highlights
- Concierge
- 4-minute walk to Waterfront-Seu
- Party Room
- Fitness Center
- Contemporary Architecture
- 3-minute walk to Southwest Waterfront Park
About This Home
As of December 2020Luxury defined on DC's hottest waterfront, THE WHARF. Floor to ceiling windows grant you the perfect view to watch the ships move in and out of the channel. Waterfront views, contemporary living, parking and perfectly chosen custom finishes make this home a lifestyle choice you can't resist: porcelanosa tiles, 10-foot ceilings, joliet balcony, large walk-in closet, gas range and custom blinds. 525 is steps away from the metro and adjacent to the 3.5 acre Waterfront park. Amenities include a gym, concierge, courtyard and lounge. 525 is a lifestyle choice and unit 316 is one of the most coveted in the building.
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $5,632
Year Built
- Built in 2016
HOA Fees
- $748 Monthly HOA Fees
Parking
Home Design
- Contemporary Architecture
Interior Spaces
- 925 Sq Ft Home
- Property has 1 Level
Kitchen
- Gas Oven or Range
- Built-In Microwave
- Dishwasher
- Disposal
Bedrooms and Bathrooms
- 2 Main Level Bedrooms
- 2 Full Bathrooms
Laundry
- Dryer
- Washer
Utilities
- Central Heating and Cooling System
- Electric Water Heater
Additional Features
- Accessible Elevator Installed
- Property is in excellent condition
Listing and Financial Details
- Tax Lot 2061
- Assessor Parcel Number 0473//2061
Community Details
Overview
- Association fees include water, sewer, gas
- Mid-Rise Condominium
- 525 Water Condos
- Built by PN Hoffman
- R.L.A. Sw Community
- Waterfront Subdivision
- Property Manager
Amenities
- Concierge
- Party Room
Recreation
Pet Policy
- Dogs and Cats Allowed
Security
- Front Desk in Lobby
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Nov 12, 2020
Closed on
Dec 30, 2020
Sold by
Baker Marsha Lynn
Bought by
Tellez Raymond R and Payne David V
Seller's Agent
Jason Martin
Real Broker, LLC
Buyer's Agent
Don Bunuan
Compass
List Price
$725,000
Sold Price
$715,000
Premium/Discount to List
-$10,000
-1.38%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-0.30%
Original Mortgage
$679,250
Outstanding Balance
$607,514
Interest Rate
2.7%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$97,642
Purchase Details
Closed on
Aug 8, 2016
Sold by
Rwp Llc A District Of Columbia Limited L
Bought by
Baker Marsha Lynn
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$607,920
Interest Rate
3.48%
Mortgage Type
New Conventional
Similar Homes in Washington, DC
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Special Warranty Deed | $715,000 | None Available | |
| Special Warranty Deed | $759,900 | None Available |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $679,250 | Purchase Money Mortgage | |
| Previous Owner | $575,000 | Adjustable Rate Mortgage/ARM | |
| Previous Owner | $50,000 | Stand Alone Second | |
| Previous Owner | $607,920 | New Conventional |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 08/06/2025 08/06/25 | Pending | -- | -- | -- |
| 07/17/2025 07/17/25 | For Sale | $698,750 | -2.3% | $755 / Sq Ft |
| 12/30/2020 12/30/20 | Sold | $715,000 | -1.4% | $773 / Sq Ft |
| 12/04/2020 12/04/20 | Pending | -- | -- | -- |
| 11/12/2020 11/12/20 | For Sale | $725,000 | -- | $784 / Sq Ft |
Source: Bright MLS
Tax History Compared to Growth
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2024 | $6,148 | $738,480 | $221,540 | $516,940 |
| 2023 | $5,877 | $706,060 | $211,820 | $494,240 |
| 2022 | $6,032 | $723,450 | $217,030 | $506,420 |
| 2021 | $5,859 | $740,750 | $222,220 | $518,530 |
| 2020 | $5,633 | $738,390 | $221,520 | $516,870 |
| 2019 | $6,170 | $725,830 | $217,750 | $508,080 |
| 2018 | $6,136 | $721,900 | $0 | $0 |
| 2017 | $6,136 | $721,900 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Seller's Agent in 2025
Rob Carter
TTR Sotheby's International Realty
(202) 250-9470
3 in this area
232 Total Sales
-
Seller's Agent in 2020
Jason Martin
Real Broker, LLC
(202) 641-0299
4 in this area
257 Total Sales
-
Seller Co-Listing Agent in 2020
John Coleman
Real Broker, LLC
(202) 427-9689
3 in this area
328 Total Sales
-
Buyer's Agent in 2020
Don Bunuan
Compass
(301) 213-6332
1 in this area
138 Total Sales
About This Building
Map
Source: Bright MLS
MLS Number: DCDC496276
APN: 0473-2061
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